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Biotech / Medical : Munch-a-Biotech Today
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To: LLCF who wrote (172)2/22/1999 10:24:00 PM
From: aknahow  Read Replies (1) of 3158
 
While not considered prey, Biogen might want to reduce the chances that PNU even things twice about it. I think buybacks are part of the overall merger picture. It is also very probable that a good percentage of the funds received from the buyback will be reinvested in other companies in the drug/biotech sector.
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